Announced
Financials
Tags
Private Equity
Friendly
Telecommunications Services: Other
fiber-based network solutions
United States
Cross Border
Private
Pending
Acquisition
Single Bidder
Majority
Synopsis
Basalt Infrastructure Partners, an investment advisor, and SDC Capital Partners, a global digital infrastructure investment firm, agreed to acquire Fatbeam Holdings, a broadband service provider. Financial terms were not disclosed. “We are excited to partner with the Fatbeam management team to continue the Company’s current growth trajectory and strong operational performance. Fatbeam is playing a key role in closing the educational digital divide by providing school districts in underserved areas with fast and reliable broadband access,” Wil Jones, Basalt Partner.
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